A few weeks later, the Fed's base rate jumped to 17% in just one day, and then reduce to 14% the next day, before turning back and returning 17% to 10%. With the tightening of monetary policy is effective in 2 years has pushed the Fed's base rate up to a level of 20% in 1981.Do impact from the oil price collapse of 12 / 1985- end of 1986, the economy down causing steep interest rates fell slightly. Also suffer from an energy crisis due to high oil prices and geopolitical tensions globally that reduce interest rates from 2004-2006.
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